The four major U.S. dollar stablecin issuers hold US$182.4 billion in U.S. Treasury bonds, which is larger than South Korea and United Arab Emirates."
According to online reports, according to CryptoSlate, the four major U.S. dollar stablecoin issuers hold a total of approximately US$182.4 billion in U.S. Treasury bonds. If taken as a whole, this amount will rank 17th in the U.S. Treasury's holding ranking by country, surpassing South Korea and United Arab Emirates, and second only to Norway. Tether's USDT accounts for the largest proportion. In the first quarter, its certification showed that it held US$120 billion in treasury bonds. CEO Paolo Ardoino said at the end of May that the figure had exceeded US$125 billion. Circle's USDC holds $55.2 billion (treasury bonds and overnight repo agreements), First Digital's FDUSD holds approximately $1.3 billion in treasury bonds, and Paxos's PYUSD holds approximately $880 million.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
